Pearl Meyer to Benefit from Coalesce Capital's Major Investment
Deal News | Jan 06, 2025 | Ropes & Gray
Coalesce Capital has announced a majority growth recapitalization in executive compensation and leadership consultancy, Pearl Meyer. This transaction signifies Coalesce Capital's strategic move to enhance its investment portfolio with business services firms. Ropes & Gray, a renowned law firm, provided legal advisory through a specialized team across several sectors including private equity, tax, employment, and finance. Although financial details were not disclosed, Coalesce Capital is known for partnering with entrepreneurs to bolster differentiated enterprises and manages regulatory assets exceeding $1.2 billion.
Sectors
- Private Equity
- Business Services
- Legal Services
Geography
- United States – The entities involved are primarily based in the United States, including the private equity firm Coalesce Capital and legal advisor Ropes & Gray.
Industry
- Private Equity – Coalesce Capital is a private equity firm making strategic investments in companies, highlighting their role as investors in Pearl Meyer.
- Business Services – Pearl Meyer operates in business services, offering executive compensation and leadership consultancy.
- Legal Services – Ropes & Gray provided legal advice for the transaction.
Financials
- Not Disclosed – The financial terms of the transaction between Coalesce Capital and Pearl Meyer were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Coalesce Capital | Bidding Company/Buyer | Company | A private equity firm focused on investing in business services companies, with over $1.2 billion in regulatory assets under management. |
| Pearl Meyer | Target Company | Company | An executive compensation and leadership consultancy firm. |
| Ropes & Gray | Legal Advisor | Company | A law firm that represented Coalesce Capital in the transaction. |
| Adam Leamon | Private Equity Partner | Person | A member of Ropes & Gray's team advising on the deal. |
| Jenny Rikoski Whitney | Executive Compensation & Employee Benefits Partner | Person | A member of Ropes & Gray's team advising on the deal. |
| Scott Pinarchick | Tax Partner | Person | A member of Ropes & Gray's team advising on the deal. |
| Megan Bisk | Employment Partner | Person | A member of Ropes & Gray's team advising on the deal. |
| Michael Lee | Finance Partner | Person | A member of Ropes & Gray's team advising on the deal. |